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Location
The Miminiska Gold Project is located in northwest Ontario approximately 40 km west of the Eabametoong First Nation community of Fort Hope, 50 km north of the all-weather Ogoki forestry road and 350 km north of the city of Thunder Bay. Miminiska comprises 52 patented mineral claims and 278 mineral claim cells covering 5,494 ha and is accessible by floatplane.
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Highlights
- Two drill-confirmed high-grade gold zones separated by 14km: Miminiska & Frond
- Significant drill intersections include 5.75 g/t Au over 20.84m and 13.95 g/t Au over 5.32m*
- Gold mineralization hosted in banded iron formation and associated east-west striking shear zones that are know to trend for 14km across the entire property
- Several additional confirmed gold showings identified
- Extensive database of historical information including results from more than 25,000m of drilling
- Intermittent historical exploration concentrated on zones of known gold mineralization with last work completed in 2005
*Historical assays have not been independently verified by Lithoquest; and, there is no guarantee that the Company can reproduce the results in whole or in part. Potential investors should not rely on these historical results when making an investment decision.
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Technical Details
Geologically, the project lies within the Miminiska – Fort Hope greenstone belt approximately 115 km east of the town of Pickle Lake and 180km southeast of Newmont Corporation’s Musselwhite Mine. Gold mineralization occurs over 14 km and is primarily associated with iron-formations and east-west striking shear zones.
Lithoquest has an extensive database of historical information on Miminiska, including results from more than 25,000m of drilling. The following table presents selected historical drill intercepts from the Miminiska and Frond mineralized showings.
Selected Historical Miminiska Drill Results*
Area Drill Hole From (m) To (m) Interval (m) Au (g/t) Miminiska 0603-8 51.94 72.78 20.84 5.75 0604-32 235.78 241.10 5.32 13.95 88C-10 54.59 69.34 14.75 3.74 0603-18 120.57 131.75 11.18 4.49 0603-17 43.48 61.22 17.74 2.49 Frond 148C 27.74 31.46 3.72 12.54 11 16.76 19.81 3.05 13.36 65 91.62 97.72 6.10 6.68 39 19.42 21.52 2.10 18.64 47C 34.47 37.80 3.32 8.85 *Historical assays have not been independently verified by Lithoquest; and, there is no guarantee that the Company can reproduce the results in whole or in part. Potential investors should not rely on these historical results when making an investment decision.
